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Articles by Ayre Ventures--
Bitcoin Surpasses $38,000 Mark
Bitcoin (BTC) surged past the $38,000 mark on November 28, 2023. As per the latest data from Binance Market Price, Bitcoin was trading at $38,119.14 at 5:30 PM (UTC). The cryptocurrency demonstrated significant growth, posting a 2.75% increase in the last 24 hours alone.
BIS Official Addresses Privacy Concerns Over Retail CBDCs
According to CoinDesk, Bank for International Settlements (BIS) official Cecilia Skingsley addressed privacy concerns surrounding national digital currencies, stating that central banks have no interest in personal data. The BIS has been encouraging governments worldwide to continue working on central bank digital currencies (CBDC) to prepare for the future of payments.
Federal Reserve Governor Bowman Suggests Further Rate Hikes to Achieve 2% Inflation Target
According to Yahoo News, Federal Reserve Governor Michelle Bowman stated on Tuesday that the U.S. central bank may need to raise borrowing costs further to bring inflation back down to its 2% target over a reasonable period.
Binance US: CZ Decided to Step Down from His Role as Chairman of Our Board of Directors
Binance.US confirmed today that its founder, Changpeng Zhao (CZ), has resigned as Chairman of the Board of Directors. The announcement was made on the evening of November 28, 2023. In a public statement, Binance.US emphasized its commitment to adhere to all applicable U.S. laws and regulations. The company assured its clientele that it operates independently of its global counterpart, Binance.com, even though they share a brand name and technological infrastructure.
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